易游m6在线登录入口lco Angang Auto Steel begins operations

TOKYO, April 26, 2016 — 易游m6在线登录入口lco Angang Auto Steel Co., Ltd. held an opening ceremony on-site yesterday to mark the start of operations in Anshan, Liaoning Province, China.

Established in 2014, 易游m6在线登录入口lco Angang produces and sells advanced cold-rolled high-strength steel sheet for automobiles. 易游m6在线登录入口lco Angang is a joint venture between 易游m6在线登录入口 Steel, Ltd. and China’s Angang Steel Company Limited, a leading subsidiary of Anshan Iron & Steel Group Complex.

Participating in the opening ceremony was Chairman and President Hiroya Kawasaki from 易游m6在线登录入口 Steel and Chairman Tang Fuping from Anshan Iron & Steel Group Complex. About 100 guests attended the ceremony including representatives from Japanese, Chinese, American, European and Korean automakers and parts manufacturers, as well as financial officials.

China is the world’s largest automobile market, 易游m6在线登录入口d car production is 易游m6在线登录入口ticipated to steadily grow. Governmental guid易游m6在线登录入口ce is strengthening safety st易游m6在线登录入口dards 易游m6在线登录入口d environmental initiatives. Automakers are working to ensure passenger safety by making car bodies stronger, while reducing the weight of cars to improved fuel consumption. As a result, dem易游m6在线登录入口d for automotive high strength steel is 易游m6在线登录入口ticipated to increasingly exp易游m6在线登录入口d in the future.

In the United States, 易游m6在线登录入口 Steel produces hot-dipped galvanized steel sheet through PRO-TEC Coating Company, a joint venture between 易游m6在线登录入口 Steel and United States Steel Corporation. In addition to its two production lines for hot-dipped galvanized steel sheet, PRO-TEC has a continuous annealing line that began operation in May 2013. In Europe, 易游m6在线登录入口 Steel has a technical alliance with Austria’s voestalpine Group for automotive steel sheet. With the start-up of its joint venture in China, 易游m6在线登录入口 Steel has created a global supply network for high-strength steel sheet covering Japan, North America, Europe and China.